I do believe in the technology, but what matters more is that we seem to have a pretty solid up-trend developing (stronger than anytime recently), so maybe it’s the right time to start considering buying some MAIDs. Don’t blame me if you lose all your money though 
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But disaster has already occurred. At this point we’ve pretty much lost count of how many people have been hacked or spied on and we’re now beginning to see the effects:
“Almost half of all internet users are deliberately limiting their online activity due to concerns about cybersecurity…”
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there is only one Allah and safecoin is his only prophet.
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It is the reason I am here and invested. How is that for evidence?
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How could someone else’s conviction be considered evidence?
EDIT: unless we’re talking about blind religion, obviously
I have to say that there is some truth in Natalie’s sentiments, even though it pains me to admit it. Let’s face it. We were all overly optimistic on the pace and manner of progress being made on this project. If you were to go back to March, or April and ask yourself if you thought it would be almost June with no ‘MVP’ or ‘alpha’ release yet, what would your past self say? I know that I would’ve thought I was crazy, yet here we are. The truth seems to be somewhere in the middle like always. No disrespect to the Devs or community, but it does seem like the trickle-truth strategy is in effect. Again, this is not to cast aspersions on anyone. This is a high stakes game and completion does seem to get closer, but people lose patience whether justifiably or not. And if people lose patience too soon, then they may pull funding from the project. Isn’t a sizable portion of MaidSafe’s funding in MAID coin? Thus a general ‘run’ on the currency wouldn’t be too good for the team.
So, it makes sense that they would hint at a closer release date than perhaps is realistic. Using David as the frontman to draw the fire for ‘misfiring on predictions’ while the rest of the Devs churn away at bugs and development, attempting to make it to the end. Its a viable strategy and, given the evidence can’t be dismissed out of hand. Which is not to say that I believe there is anything malicious going on or that progress isn’t being made. But most people don’t understand the ITERATIVE nature of the dev cycle (i.e. repeating the same thing with incremental changes to inch towards a goal), and thus lose patience far more quickly than the devs actively engaged.
So what’s the takeaway? I predict that today’s update won’t have any groundbreaking feature changes or releases. I predict the network won’t go live for at most 5 more months with several rounds of iterative user tests in-between now and then. I predict that the network will work as expected and that there will be significant investment when it does. I predict that FUD’ers and naysayers will be proven wrong (finally) and that the devs will take a long-deserved break.
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Depends at what point you jumped on board. Prior to the RUST refactor, C++ was going to push this project out way beyond crowd sale expectation, partly due to some pushback from some Devs.
But Davids realization of The language of the network and the move to RUST has set us on a trajectory for awesomeness and the time it takes to get there doesn’t matter, it is what it is.
It’s a guess, but I’m hoping there’s going to be an injection of resources into the project in the not too distant future, both monetary and brainz.
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As a new arrival I missed the long stage in the journey when nothing much was happening. I just get to be part of the exciting finale, with the target in sight.
Yeah, I missed the refactor era. Still mindblown by that whole thing by the way. As a developer, such a change/improvement is hard to come by indeed.
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Well…not all. Imho it was easy to be sceptical when listening to the excitement of some people. See my remarks here and here.
I ahve repeatedly warned to lower expectation and have been attacked by some who interpreted my concerns as being opposed to the project. I have seen several of those getting nervous themselves, while I am still relaxed that Maidsafe will do fine, yet taking more than a few months to deliver. I still think the community would be able to integrate better with a solid roadmap, but apparently the roadmap got lost on another roadmap…
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Excellent post @Kagetoki and it wasnt too long ago you would have been slammed by the community for even hinting at criticism.
Completely disagree with you on Natalie aka Hans - this was not sentiment by this amateur, this was a feeble attempt at manipulation.
There has been a noticeable change in how the updates are delivered and this is working well for David and team. The temptation to tease the community and public with delivery dates is reduced resulting in a less pent up community and fewer letdowns. You just cant say something will be done in a few days if there is a chance it wont. The Team has every right (and really no choice) but to take the necessary time to build the network and build it right.
There are possibly pressures the community and public are not privy to as it relates to funding and we can only hope the recent progress and successes are sufficient evidence completion is on the horizon.
I suggested about 2-3 months ago this was 6 months out and concur with you its 5-6 months away still.
I hope Im wrong but In think its realistic.
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I don’t know much about the discussion with that poster or their motives. I only agree with the idea that things are not as close as we (would like to) think. Any other FUD or whatever I can’t cosign.
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I can’t speak for anyone else, but I invested based on what I thought was potentially ground breaking technology.
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I did the same, to be honest. And then the price went down. A lot. Which is not a bad thing, but it made me realize that my trading should be kept separate from my beliefs. I decided investing is cute but making money is more important.
I was specifically looking for exactly what you have laid out, and it’s simply not there. I work on Asset Quality systems for a large financial corporation and I come across pretty much every trick in the book when it comes to fraudulent activity.
Let me tell you if they’re trying to hype the MAIDsafe project they’re doing an absolutely terrible job at it.
There has been plenty of times that the price was making it’s usual weekly pump when Dirvine ruins it by going and posting an update pre-emptively in the “pre-dev-update” thread telling people that the development team didn’t meet in one form or another the feature that they were speculating would be released in later “dev-update”. Go check and see if I’m wrong.
This theory is simply not correct.
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I’m sorry I was not clear. I was NOT implying that Dirvine was running around attempting to pump the price of MAID with his statements. Only that he was trying to prevent a negative/FUD perspective from spreading. Imagine if they told you how long the switch from C++ to Rust would’ve taken? Devs know these things roughly. If they told you in August '15 that it would be at least another year before beta-launch/mvp, many people would’ve filled.
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You invested? When did you buy in? Are you sure you aren’t talking about short term speculation? Real investors don’t judge their investments based on quarters…
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Well, every day that goes by is another day towards more people’s realization that this is a long-term coin—that’s getting less and less long, daily. I think if there was major publicity very soon, even before MVP or some later version is out, people would see that it’s real and getting closer and closer to missing out forever.
(But I think the devs will publicize much later than that, unfortunate to investors that have never yet heard. Maybe not, though?)
Sorry for the late reply; I was busy with life.
Maidsafecoins introduced me into the dark world of Poloniex. I realized this trading thing was fun, so I looked around how to do it better. Now I don’t believe in investing (if you mean buy-and-hold) because for it to work you have to be able to predict the future (surprise: I can’t)
The only thing that seems to work on the long run is following the trend; it’s based on the simple idea that by default profits and losses follow a fat tailed distribution, so if you limit your downside (cut your losses early) but don’t limit your upside (let your profits run; for that you need trends, but markets seem to have them, so no worries) then volatility (which is huge on Polo) can work for you. I wrote and backtested a fairly simple strategy these past 1-2 days and it seems to be doing an excellent job (though it still needs some tinkering before it can handle all markets without having to adjust mainly just one of the parameters); it’s fun 
So, the project is trading, not investing. Buy-and-hold is gamble, it’s boring, and there’s better. Also, I care more about making money with my money than about making a statement with my money 
EDIT: as for the value judgments (“short term speculation”, “real investors”): waddaheck 
We’re not talking about great moral or theoretical ideals; the only sensible thing to judge my portfolio is based on if it’s working for me or against me…
EDIT N: I do believe MAIDs will go up (so I do believe buy-and-hold will work for them, in the end) but I don’t have proof and I don’t have a reason to base my money stuffs on my beliefs when there are better ways. Those who buy now and are willing to sit on it: bless their souls; I’m just not one of them.
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Investments are based on expectations based on criteria which you set to be relevant. This has anything to do with crystal balls, as you suggest. I can understand if you need the thrill of making or losing 300% a day. Any problems with that. But if you seriously believe that long-term-investments are the real gamble vs. “following the trend” as a money making strategy, you have to learn a lot (and maybe read a bit market history of innovative projects such as Bitcoin).
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